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6.10277065787313E-05 0.000335652386183195 1.52569266446828E-05 -0.000500427193946186 1.52569266446828E-05 0.00373794702795059 0.00294458684242639 0.0014341511046014
Stock impact report

WCL Launches Industry-First Digital Treaty Placement Platform in Bermuda [Yahoo! Finance]

Aon plc Class A Ordinary Shares (Ireland) (AON) 
Last aon plc class a ordinary shares (ireland) earnings: 5/1 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
platform for Treaty risk placement in Bermuda, marking a major milestone in the digital transformation of the reinsurance market. Zywave_logo (PRNewsfoto/ZYWAVE) Developed in close collaboration with leading RI brokers and reinsurers, the WCL enabledPlacing platform streamlines the submission process by consolidating treaty submissions from multiple brokers into a single, standardised interface for underwriters, utilizing ACORD Standards. This initiative provides new efficiencies for underwriters interacting with the proliferation of bespoke broking platforms, which can complicate downstream underwriting workflows in accessing risk data and managing submission files. The platform went live last week for Ark Bermuda and Vantage Risk, in conjunction with AON's Reinsurance business, who are pioneering this new operating model for processing digital Treaty placements. "Having an end-to-end solution from placing through settlement has been a long-term goal of the industry," said Troy Show less Read more
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